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SouthState Bank, based in Winter Haven, Florida, is an American bank based in Florida and a subsidiary of SouthState Corporation, a bank holding company. As of December 31, 2018, the company had 168 branches in South Carolina, North Carolina, Georgia, Florida, Alabama and Virginia. [1] First National Bank began in Orangeburg, South Carolina in
Park Sterling Bank, was a bank based in Charlotte, North Carolina. It had $3.3 billion in assets [1] and branches in North Carolina and South Carolina, Virginia and Georgia. The parent company was Park Sterling Corp. (Nasdaq: PSTB). A merger with South State Bank was completed November 30, 2017. [2]
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The first full-time staff member was employed in 1960. In 1975, the name was shortened to S.C. State Employees' Credit Union and the following year, the credit union moved into its own facility at 800 Huger Street. [4] Over the years, the credit union expanded into new markets and currently operates 20 branches in 12 South Carolina cities. [5]
Credit unions in the United States may either be chartered by the federal government [2] or a state government. [3] The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions.
In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
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